Water-based Resins: World Markets to 2026 - A $69.6 Billion Opportunity - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Aug 17, 2018--The “Water-based Resins - Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering.
According to the report, the Global Water-based Resins market accounted for $37.4 billion in 2017 and is expected to reach $69.6 billion by 2026 growing at a CAGR of 7.1% during the forecast period.
Rising demand towards environmentally friendly products, growing usage of composites and increasing postulate from the building & construction industry are some of the factors favoring the market growth. On the other hand, increasing costs and less operative performance are hampering the market growth.
On the Basis of type, Acrylic resins are the most varied resin type. They are used in adhesives & sealants applications extensively. Apart from this, Acrylic resins are used in architectural coatings due to their glossiness and colour retentively in outdoor applications. Acrylic resins are also largely used in Pressure Sensitive Adhesive (PSA) manufacturing as it is a common ingredient in latex paint.
By Geography, Asia Pacific is expected to be the largest market due to the increasing demand from the building & construction. The region is witnessing increased growth in industries such as automotive and textile. Countries are utilizing water-based technology on a large scale which includes China, India, Japan, South Korea, and Indonesia.
Key Topics Covered
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Water-based Resins Market, By Type
6 Global Water-based Resins Market, By Application
7 Global Water-based Resins Market, By Geography
8 Key Developments
9 Company ProfilingAdeka Corporation Aditya Birla Chemicals Alberdingk Boley Allnex Group Arkema BASF SE Belike Bond Polymers International Celanese Corporation Covestro DIC Corporation Dowdupont Elantas Grupo Synthesia Hexion KUKdo Chemical (Kunshan) Co. Ltd. Lawter Inc. Nan Ya Plastics Corporation Olin Corporation Omnova Solutions Inc. Reichhold LLC Royal DSM N.V. Scott Bader Company Ltd. Specialty Polymers Inc. The Lubrizol Corporation
For more information about this report visit https://www.researchandmarkets.com/research/hs44ht/waterbased?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180817005159/en/
Laura Wood, Senior Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics:Plastic Resins
INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 08/17/2018 07:45 AM/DISC: 08/17/2018 07:45 AM